Dow spikes 912 points as vaccine progress spurs economic-reopening optimism
In a small number of healthy volunteers, Moderna's vaccinefrom being infected with the novel coronavirus. The biotech firm is planning to start additional trials immediately and aiming to be ready this fall for potential emergency use of its vaccine.
Investors have been closely watching for updates that can provide guidance about economic-reopening efforts, and they were encouraged by Moderna's results.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Dow soars more than 700 points, after favorable, early results for coronavirus vaccine candidateU.S. stocks climbed at the start of Monday after drugmaker Moderna announces positive, early results from its first human trial of its experimental Covid-19...
Lire la suite »
Stock market news today: Dow and S&P 500 updates - CNNOffice Depot stock surged today after announcing Friday it was closing some stores and laying off 13,000 employees, about one-third of its workforce
Lire la suite »
Dow futures climb 300 points as Fed’s Powell says don’t ‘bet against American economy’— even as unemployment could rise to 25%U.S. stock-index futures point to gains for stocks at Monday’s open as Federal Reserve Chairman Jerome Powell said that Americans need to prepare for a tough road ahead in the aftermath of the COVID-19 pandemic but said he wouldn’t bet against the domestic economy’s ability to persevere through the most significant public-health crisis in more than a century.
Lire la suite »
Dow futures surge 600 points, adding to Monday gains as Moderna says it sees some success with coronavirus vaccineU.S. stock-index futures added to gains Monday morning, with the market for risk assets gathering additional momentum from a report of success in a vaccine...
Lire la suite »
‘Betting against the U.S. economy and consumer is a loser’s game’ — why one strategist sees Dow 40,000 on the horizon“I firmly believe we will see Dow 30,000 in 2021 with Dow 40,000 coming by 2023. Once we get over this massive hurdle, there will be too many things working in favor to derail that train when it gets going,' said one strategist.
Lire la suite »
Full Economic Recovery Unlikely Without Coronavirus Vaccine: Fed Chair PowellThe Dow gained 3.4%, or 800 points, despite Powell’s comments as positive news related to a Moderna vaccine fueled investor optimism.
Lire la suite »